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Stay in the know with Advantage Insight

Our Advantage Insights Blog gives our members the opportunity to learn more about Piedmont Advantage's community involvement and engagement activities, products and services and financial education offerings. By staying in the know, you're more in control of your finances and future financial successes.

The last few years have been financially challenging for many, including our neighbors and ourselves. We’ve navigated the fallout of a pandemic with soaring inflation, rising interest rates and now the resumption of student loan payments, all of which have put a strain on our household finances.

PACU is pleased to announce the recent appointments of two key executives to its leadership team. They are new hire Charles Skara as Chief Financial Officer (CFO) and newly promoted Sandy Milton as Chief Operating Officer (COO).

Admit it. Budgeting to save more money is difficult and frustrating, but it doesn’t have to be. If you’ve researched ways to save money, then you’ve heard about an old-school approach to saving that is gaining a new life among budget-conscious consumers. The approach is called Cash Stuffing.

Ever get confused about the types of accounts you should be opening for your children and not know where to start? If so, no worries, we've got you covered! We will provide a comprehensive walkthrough on selecting the right bank accounts for your children, tailored by age and savings goals, to cultivate their money management skills from the start. This essential read is your roadmap to fostering financial literacy in your family.

Ask your children, Are you ready to choose your first savings adventure? Intrigued, of course, their responses will be yes! Use our age-appropriate, savings challenge activities that will help your children set and reach realistic savings goals. Now, are you up to this unique family-fun savings adventure?

Can you imagine getting scammed and not being able to get your money back? If you use Peer-to-Peer payment services, like Venmo, PayPal, Zelle and Cash App, be cautious. Money transfer services like these have made it easy to send money to our friends, but it also has become the perfect tool for fraudsters to steal your hard-earned cash.

Congratulations to Sandi Richardson, our Risk Management Operations Manager, for graduating from the Carolinas Credit Union League’s Leadership Development Institute.

This leadership program is recognized industry wide for credit union professionals who aspire to gain new insights, abilities and strategies to lead with excellence within their organizations.

Just as an acorn grows into an oak tree, your savings also can grow steadily and securely with the right investment strategy. One such strategy is investing in share certificates. Let's delve into the analogy of an acorn and an oak tree.

Holidays are meant to be the most wonderful time of the year, but overspending may lead to a feeling of financial regret. Whether you are familiar with this feeling or would like to avoid it, we have a powerful tool that can help. Let’s walk through a journey together and explore the magic of Piedmont Advantage’s Christmas Club Account.

Piedmont Advantage Credit Union announced today that the PACU Foundation gifted on Giving Tuesday a total of $24,000 to six charities to increase their capacity to help North Carolina residents in times of financial hardship. 

The PACU Foundation’s ability to contribute these funds is due to the generosity and volunteer efforts of employees and members of Piedmont Advantage Credit Union.

Headquartered in Winston-Salem, North Carolina, and founded in 1949 within the aviation industry, Piedmont Advantage Credit Union (PACU) serves member-owners, who reside, work, worship, attend school or operate a business in one of the six counties it serves in North Carolina or who are employed by one of its many employer companies. These six counties are Davie, Forsyth, Guilford, Iredell, Mecklenburg and Rockingham.

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